ITR
M Sairam (Semi Qualified CA) (421 Points)
19 July 2016a person has to pay around 32,456 after TDS. sec 234b&c is applicable to him if he paid/filed itr before due date? please clarify my doubt
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177713 Points)
Replied 20 July 2016
Yes. Its interest calculated over deferment over Advancetax(234b) & underestimated advance tax (234c)